Chance Is a Traveling Marketing Representative for a Publishing Company

question 32

Multiple Choice

Chance is a traveling marketing representative for a publishing company.He is an independent contractor.One afternoon while driving to a meeting,he negligently runs a stop sign and causes an accident.Judy is injured.Judy can:

• A) hold both Chance and his company liable for her injury.
• B) hold the company but not Chance liable.
• C) hold Chance but not the company liable.
• D) not hold Chance or his company liable for her injury.

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Definitions:

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.

FTC

The Federal Trade Commission, a U.S. federal agency tasked with protecting consumers and promoting competition.

Consumer Financial Protection Bureau

A regulatory agency in the United States tasked with ensuring consumers are treated fairly by banks, lenders, and other financial companies.

Federal Reserve

The central banking system of the United States, responsible for implementing the country's monetary policy and regulating its banking institutions.